Today's trading activity is indicative of MMs caught short in TOFS! Five digit trades at 0.00095 to paint an order at 9 that was put in to be bought at 10. Then you have huge spreads set by the MMs at 8 on the bid and 10 on the ask. My opinion: some MMs are caught short with a large amount of FTDs and with company buying back shares and longs soaking up the rest of the float, they do not want to let it run. They will have to start covering. With audited fins out possibly by the cc on Weds, it looks like desperation is setting in for NITE and CSTI.
Soon: The Transfer Agency will go online and become fully operational with clients lined up per CEO's Blog response (sixth answer down) and September 28th PR
10/26/11: The last payment to Dr. Peskin will be made thereby allowing a release of lien to be filed with the court house in Broward County putting an end to this matter per October 5th PR